2016 (4) TMI 1140

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....gh, JM: The present appeal is filed by the Revenue against the order of CIT(A)-8, Mumbai dated 20.1.2014 for the A.Y. 2010-11. The Revenue has raised following grounds of appeal: 1. (a) "On the facts and in the circumstances of the case and in law, the Ld.CIT(A) erred in deleting the addition on account of excess depreciation claimed by the assessee". (b) "On the facts and in the circumstances ....

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....e present appeal are covered by the decision of Co-ordinate Bench of this Tribunal in the assessee's own case for A.Y. 2008-09 and 2009-10, in ITA No. 772 of 2012 and ITA No. 4474 of 2012 respectively. 3. In ITA No. 4474/M/2012, it was held that Capital subsidy is not required to be deducted from the cost of the plant and machinery, subsidy received as Excise duty reimbursement cannot be taken as....